Topic: [ANN][IC] ⚡ Ignition Coin ⚡ - 5M Over 50 Years, PoW/PoS/MN - Fair Distribution - page 10. (Read 44468 times)

It will be good to pin this thread in coinmarketcap.

It mostly between the IC discord and StakesUnited. I have most of mine in the Discord, a few in SU and some more in my wallet. I find that over time, they are fairly equal in terms of earnings rate. SU requires a bit of a wait to get your coins out which I am not too keen on and in my view is the highest risk being an outside body. I am still waiting on them releasing a bit of dust I have had there for over a month. Discord is much quicker to get your coins back from and I can usually have them back in my wallet in less than half an hour (Unconfirmed usually appears pretty much instantly). I also feel a bit safer with them. Wallet is really weird with some times a stake per day and other times noting for a few days and then other times I get 5 stakes in a day. Over time I think it averages out quite nicely. Wallet feels safest.

Hi,

I have a small bag of IC. I stake them in Discord. Actually I like it, but still wondering if there’s a better place to stake in a pool?

Thanks for your feedback.

Cheers,
R

I have found this project yesterday and I´m amazed. Very solid community, good product, the possibility of mobile phone mining through staking and ultra low market cap. It reminds me when I´m invested in Oyster Pearl @ 0,005 $

Lol, this "guy" is a bot, this is all it does all day:

https://bitcointalksearch.org/user/eddiejarv-2181508

Doesn't mean what it said isn't true tho...

Thanks!

I expect this plan becomes a great profit!
Impeccably design, a rather interesting activity, certain design!

IC added to hash-to-coins.com pool

Their idea is quite attractive in my opinion

Hello! We added your coin to our masternode-shared service - Midas Investments https://i.imgur.com/O5k5iGQ.jpg

Its available on
Cryptopia: https://www.cryptopia.co.nz/Exchange/?market=IC_BTC
CoinExchange: https://coinexchange.io
CryptoBridge: https://crypto-bridge.org
StocksExchange: https://stocks.exchange
BiteBTC: https://bitebtc.com

Hi,

I want to purchase it

---

MINING IGNITIONCOIN WITH SCRYPT ALGO :

• Stratum  : lycheebit.com:3433 (fully NiceHash compatible & optimized)
• User     : YOUR_IC_ADDRESS
• Password : c=IC

LYCHEEBIT INFO :

• Website  : https://www.lycheebit.com/
• Payout   : Every hour
• Fee      : 1.00 %

MINING SOFTWARE :

• GPU Nvidia ccminer : https://github.com/tpruvot/ccminer/releases
• GPU AMD sgminer    : https://github.com/nicehash/sgminer/releases
• Warning : GPU mining works, but scrypt algo is much more efficient with ASICS.

EXAMPLES OF COMMAND LINE :

• Nvidia   : ccminer.exe -a scrypt -o stratum+tcp://lycheebit.com:3433 -u icXbzXHzm5dhrPYndDHK4vc9MuVinkpMvz -p c=IC
• AMD      : sgminer.exe -k scrypt -o stratum+tcp://lycheebit.com:3433 -u icXbzXHzm5dhrPYndDHK4vc9MuVinkpMvz -p c=IC

PEERS LIST :

• addnode=45.77.253.149:44144
• addnode=176.31.60.70:44144
• addnode=173.199.118.189:44144
• addnode=100.16.202.232:44144
• addnode=78.56.89.204:44144
• addnode=54.37.111.95:44144
• addnode=86.238.109.149:44144
• addnode=207.246.119.115:44144
• addnode=209.250.227.43:44144
• addnode=142.44.206.209:44144
• addnode=185.207.107.101:44144
• addnode=207.237.32.35:44144
• addnode=[2a01:4020:1:1d::8a42:1763]:53752

Ok, I am in. Glad that I found this project and after reading the third-party estimates just ensured in my choice.
Almost the lowest price in the history of the coin, given the active development, many promising improvements and a strong community, it can be a very successful project in the future.

You want to stake the whole day but you don not want to let your PC run around the Clock?

Then you shall give Stakinglab.io a try

You will save energy and the costs of it.No need 4 running a PC all day long,but you will stake 24/7 and you can take part in the Masternodes,which always provide some awesome special benifits,without spending1000s of $ Dollars.

You have to pay low taxes only on your stake.

These Coins are supported yet:

Aerium,Alqo,APR Coin,Arion,Bitcoin Green,Buzz,Cheese,ColossusXT,Condensate Rain,Deviant Coin,Diverse,dSTRA,DV8COIN,Ember,Everest,Force,Ignition Coin,Impleum,Interstellar Hold,Monkey Project,Motile,MTI,Mutual Coin,Dravite Coin,Nodium,OPC Coin,OPCX,Peony,Phore,Rampant,Rover Coin,SCRIV,SmartCash,Solaris,Steep,Tokugawa,Varius,XGOX,XGOX Dark,Zest.


Please take care and get informed on: https://masternodes.online/

and if you had done that ...take a look at the Lab ^^

https://pool.stakinglab.io/ref/977e7a055a

Best staking together ...and mate,sorry for the affliate inside-you got no disadvantage of it but you are welcome to kick it out if you want 

 Ignition Coin Pool

http://kickinhash.com/

-o stratum+tcp://kickinhash.com:3433 -u -p c=IC


 Ignition Coin Explorer

http://kickinhash.com/explorer/IC

ASICS go for $1500 for 620MH (700MH Overclocked)at 750 watt.  Having the best difficulty adjustment is king no matter what.  Its profitability code that are finding these weaknesses, the best way to combat is with good difficulty code.  GPU/CPU/ASICS all have profit pools that auto pay in your desired coin.  SCRYPT in the short to medium term for this coin is a good choice. 

LWMA sounds like it will fix the issue with people coming in and out.

I think another much bigger concern of people who are against POW is that entry to mining is prohibitive to most because of the need to buy very expensive ASIC mining hardware (we are talking about $5000+ vs existing CPU or GPU). CPU/GPU mining opens up mining to the masses so to speak and that is far more likely to get support of the average IC enthusiast. Even with GPU, a lot of people will have one that they use for gaming and can re purpose t when they are not using it for gaming. Yes there will be farms of these too but they are far less pervasive and people still seem to make a reasonable return with these.

For GPU, I suggest Phi or Phi 2 because of the lowered power requirements but and GPU only algo would be welcome. for CPU, perhaps the algo used by Monero and its various derivatives, simply because this is very popular and well tested and gets regular updates ensuring that and attempts to use it with ASICs are thwarted.

Please consider changing the POW algo for a CPU or GPU one and run it for awhile. If we can do this before any switch to POS only, I think you will see people warm to it. Plenty of other coins run POS, POW and MN together and the users are happy with the POW staying.

I am really worried that without POW, we are going to see a considerable loss of value. Please consider my alternative of using CPU or GPU algo instead.

Thanks for the input. Currently, we have begun testing an implementation of LWMA difficulty algorithm -- See-> https://github.com/zawy12/difficulty-algorithms/issues/3 for full information on LWMA.

This alone may not prevent all issues with mining whales coming in and out, but greatly diminishes them compared to our current diff retarget algo. We will be implementing it as long as the tests go well, which will activate much earlier than any change in regards to pos-only state, and if it is effective enough to prevent issues maintaining block time stability and pow/pos ratios, it may change the overall users opinion on which direction to go. At the least, pow would not be deactivated until a few to many months in the future. We will attempt to see how well LWMA prevents massive hashrate changes, and take it from there for now.

I'm going to throw a spanner in the works here.

I think that we should keep the POW but just change the algo to Phi2. This will allow only Graphics cards to mine it and this allows for individuals to run it on a home computer without spending a fortune and competing with big Chinese mining rigs. Phi uses a lot less power and Phi2 is even lower power so the impact of mining will be a lot less than any other options. A CPU mining option would also be good but I'm not sure if there is a good enough algo.

I think we should keep POW in because mining costs go up and this attaches a value to the coin. If mining 1 coin costs me $1 then I won't want to sell for less that $1 or I'm losing. If the cost rises to $10 to mine a coin, then I'm going to demand $10 or more for my coin. This is what has happened with bitcoin and gives it a solid floor ensuring that the price never falls too much. Of course the price can and occasionally does fall below the mining price and this is resolved by changing the difficulty to make mining profitable again but the halvings ensure that even then prices are kept somewhat in check. We know that mining can and does help price because we can see it in a number of coins that have been around for a while.

I think it might be ok to change the weighting of coins being available through mining vs staking but I wouldn't think it should be too heavily weighed towards staking as doing so will distort the system and negate the benefits of having mining.

I have noticed a lot of coins where POS and MN were the only thing and they flared up beautifully for a while and then died after their value crashed well below 1 sat. I would hate to see the same thing happen to this coin. I think mining is another thing that can help protect this coin from becoming a victim of this.

Anyway thats my 2 cents worth, I think it is a big plus that we can say things like we have POW, POS and MNs. I would like to see smart contracts and later atomic swaps added since these would be great for a coin that is designed as a store of value.

Tech, feel free to copy and paste this comment to discord, I probably won't get a chance for a while.